Reading Friends Franchise Company vs GradePower Learning Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Reading Friends Franchise Company vs GradePower Learning including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Reading Friends Franchise Company Franchise
GradePower Learning Franchise
Investment $110,950 - $297,500$99,800 - $270,500
Franchise Fee $35,000$40,000
Royalty Fee 5.5%10%
Advertising Fee -3%
Year Founded 19801984
Year Franchised 20021991
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Reading Friends Franchise Company Franchise
GradePower Learning Franchise
Experience -

Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise.


Financing Options

 
Reading Friends Franchise Company Franchise
GradePower Learning Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Reading Friends Franchise Company Franchise
GradePower Learning Franchise
Training -On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study
Support Grand opening, Field operations/evaluations

You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations

Marketing Co-op advertising, Ad slicksAd Templates National Media Regional Advertising
Operations 100% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 9

Absentee ownership of franchise is allowed.

Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3


Expansion Plans

 
Reading Friends Franchise Company Franchise
GradePower Learning Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

Company Overviews

About Reading Friends Franchise Company

Ours started as a story of overcoming. Owner and founder, Nancy Spencer, was the first person in the city of Fort Worth to be diagnosed with dyslexia after many years of struggling in school. With the proper training, she was able to thrive academically and gained a passion for children and the way that they learn. With the help of Dr. Luke Waites, Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX, Nancy wrote a full curriculum and started Reading Friends preschool in 1980. The school is now run by her two daughters, Audrey Fowler and Nancy Pack. There are two additional locations. One located in Keller, run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
 
The Reading Friends Difference

Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.

The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
The secret to a well-rounded child is a well-rounded approach to teaching

Curriculum


We employ Multi-sensory teaching techniques involving the total child.

Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.

Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.

Social

The Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.

About GradePower Learning

GradePower Learning is unlike any other franchise in North America and is changing the way our children process, interpret, and organize information. It is important to understand that we do not tutor students. Tutoring is only a temporary fix; it's focused on getting a better grade or test score. We combine academic tutoring with cognitive learning, so our focus is on improving how children learn. We use these methods in order to teach students how to think correctly. By doing so they learn real self-esteem and they won't need tutoring year after year. This will not only give students better grades, it will benefit them for the rest of their lives. We have the widest array of these programs, such as; Little Readers, Beyond Tutoring, Advantage, SAT/ACT Test Prep, College Readiness Study, ADD, ADHD, NCLB and more! You will also have the opportunity to partner with a company that not only has 25 years dedicated to the learning and education industry, but also over 35 years experience in franchising and working with people from all walks of life to help them build a successful future for themselves and their families.

Veteran Incentives  Royalty fee waived for six months

"Entrepreneur
#404 in Franchise 500 for 2020.